FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Corporate News Recap on “Crest and Exploits Syndicate Stake PB Hill Gold Claims in the Exploits Subzone, Newfoundland.”
Exploits Discovery Corp. (OTCQB: NFLDF) (CSE: NFLD) (FSE: 634-FF) is pleased to announce that the Company has entered into a 50/50 per-cent staking syndicate agreement with Crest Resources Inc. (“Crest”) (CSE: CRES) and acquired through staking the 100% owned PB Hill Property (the ”Property”) located in prospective siliciclastic sediments of the Exploits Subzone Gold Belt, Newfoundland.
Exploits Discovery is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland, Canada. The Company currently holds the Jonathan’s Pond, Dog Bay, Mt. Peyton, Middle Ridge, True Grit, Great Bend, Gazeebow covering over 2,000 square kilometres of mineral tenements. The PB Hill projects syndicate covers an additional area of almost 2,000 square kilometres. All projects within Exploits’ portfolio lie within the Exploits Subzone.
Exploits believes that the Exploits Subzone, which runs 200 km from Dog Bay southwest to Bay d’Espoir, has been neglected since the last major exploration campaigns in the 1980s. The last 40 years have seen incremental advancements in the understanding of gold mineralization in the camp. The sum of this knowledge is now coming together in discrete and effective exploration models that have delivered discoveries such as New Found Gold’s 2019 discovery of 92.86 g/t Au over 19.0 metres near surface. The Exploits Subzone and GRUB regions have been the focus of major staking and financing throughout 2020, with increased exploration activities forecasted in the area moving into 2021. Exploits is financed and with two of five drill permits in place for an extensive drill program in the Spring of 2021.
For more information, please visit: Exploits Discovery Corp.
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